International Journal of Academic Management Science Research (IJAMSR)
  Year: 2022 | Volume: 6 | Issue: 4 | Page No.: 33-40
The Impact of COVID-19 Pandemic on Businesses in Gboko Town, Benue State, Nigeria Download PDF
Oryina Joel Andzenge

Abstract:
The outbreak of Coronavirus (COVID-19) pandemic in the late 2019 has disrupted economic activities and created uncertainties all over the world. The pandemic disease has proven to be one of the deadliest in the history of humankind. The worrisome upsurge in the level of infections and rising number of deaths across the world prompted the World Health Organization (WHO) to declare the virus a global pandemic. This also led to the closure of most businesses in the world and Nigeria was not an exception. Gboko town which is the economic and administrative centre of all the Tiv in the world also followed the directives of the Benue State Government to adopt the lockdown measure. This led to gross economic disturbance as all businesses in the town stopped operations. Therefore, this paper seeks to examine the impact of COVID-19 pandemic on businesses in Gboko town. This study adopted a purely exploratory research design, using qualitative instruments as the method of data collection. Thus, the study revealed that Covid-19 pandemic impact on businesses in the town was largely a consequence of the preventive measures adopted by the Federal Government and Benue State Government to curb the spread of the pandemic. Consequent upon this, businesses were impacted negatively in the town. It was also discovered that some businesses entered in to great losses amounting from expiration and/or damaging of goods, among others. This was in addition to other businesses that collapse or died because of certain financial problems.